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304 Chapel Rd Savoy — Photo 1 of 25

304 Chapel Rd Savoy — Photo 1 of 25

$229,900

Investment Analysis — 304 Chapel Rd

Savoy, MA 01256

Based on HUD Small Area Fair Market Rent for Berkshire County, MA (part) HUD Metro FMR Area, a 2-bedroom in 01256 carries an estimated $1,560/mo in gross rent — about a 5.31% cap rate and $12,198/yr in estimated NOI at the $229,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

960

Style

Single Family

Built

1958

Escape the hustle and bustle and enjoy the beauty of the Berkshires! Located in the peaceful town of Savoy, this charming ranch offers 2 bedrooms, 1 full bath, and approximately 3 acres of land to enjoy. Features include hardwood floors, a cozy wood stove, full basement with walkout access, and a convenient one-car attached garage. A new septic system is currently being installed, providing added peace of mind for the next owner. Surrounded by nature yet just a short drive to the Berkshires' many attractions, dining, hiking, recreation, and cultural destinations. Whether you're looking for a year-round home, weekend getaway, or peaceful retreat, this property offers a wonderful opportunity to enjoy country living while still being close to all the area has to offer.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 139,392 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$229,900
Annual Taxes$2,029

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Laminate
BasementFull

Climate & Utilities

HeatingForced Air, Oil
CoolingWindow Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres3.2
SqFt Lot139,392
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2
First
Living RoomDining RoomKitchenMaster Bedroom
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl Second
Listing Provided By

Listing Agent: Michele Purcell

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73573584